New rise in EURUSD

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Yesterday, EURUSD continued its bullish movement, reaching 1,1807.

At current levels, all open buy positions should have their risk removed (e.g. stop loss at breakeven).

New buy entries are recommended only after a pullback with a favorable risk-reward setup.

Important news is expected later this week, which may lead to misleading price moves.

Reduce your risk and stay patient!

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